Stocks By Request: MAXS

Hi Everyone! I will be posting more stocks in the next few days. I just wanted to post MAXS as early as now as I was shocked as there was such a huge request for this stock. MAXS had more than 50% of the votes from the first batch of returns.

Here are the first events for the year! I will give you an update on our live sessions on UAE, Qatar, Davao, Iloilo, Cebu, Singapore in the next few weeks! The heart of why I do this seminars is I want to build a generation of Filipinos with the right foundation in stock investing. I want to bring smart investing to every Filipino around the world! This is my passion and this is what I want to do over and over! To bring more consumers to investors! We will be teaching different techniques from how to select the right stocks up to how to find the perfect timing in buying and selling stocks.

Where is MAXS headed for the midterm?

Good news to trend followers! MAXS is now out of the medium term downtrend. What the charts is showing us now is that it has stopped already from falling and a new trend is starting to develop. It left the downtrend after breaking out of 25.

Watch out for 27

The stock escaped the downtrend after breaking out of 25 but now the stock is also bullish for the long term thanks to the breakout from 27. The thing about this stock is, as long as the stock stays above 27, you could see the stock trend higher and the reversal from bearish to bullish becomes more legit. Oscillators are also confirming it being bullish at this point. Everything though is contingent of the stock staying above 27. If you are a position trader, disregard this if the stock fails to hold above 27.

For quick traders

The stock is reacting from the bounce from 23 and the breakout from 25 and 27 levels. Now should the stock continue to go higher than 27, adjust your target prices to 29. If it breaksout from 29, adjust your target price to 31-33.

What if 27 does not hold

If the stock does not hold 27, quick traders, take profits as the stock could correct back to 25 and the stock would turn bearish again.

Hope this helps you!

More Stocks By Request coming in the next few days! I am hoping that I get to make a video for all your requests!

I’m excited to share my latest book, Where Should You Invest? This will answer one of the biggest questions on the what, where and when you should invest on. I will also tackle the concept that there are certain investments that work well with others and some investments that don’t work well at a certain investment phases.

This is aimed to help investors have a holistic sense on how they can grow, maximize, and preserve their wealth!(Stock Smarts Book 4 is also coming this year) I also feature other books in my website with authors that I respect which have different expertise in Finance, Business, Investing and everything else in between.